All the European airlines have felt yield pressure from the Asian and select few Middle East airlines between Europe and Oz.
It was not really the fact that they were losing money, most in fact were in the black (a least a little bit) however when faced with the fact that they could double the "sector" utilisation and increase profitability on other routes without tying up an airframe for 48hrs return journey. There’s the answer.
I certainly hope that JFK, Montreal and Tokyo are not replacements for the Syd 777 services but with one more T7 coming and the 342's gone I can only surmise that this will be the case.
There is money to be made in this kind of system but you need, retail distribution and route frequency to maintain both services levels and consequently passenger yield.
